Net income, a measure of profit including one-time charges,
was expected at 618 million reais in a Reuters poll of four
analysts. The São Paulo-based lender's loan book reached 234.516
billion reais at the end of the quarter, compared with the
poll's 233.2 billion reais estimate.

Santander Brasil did not immediately unveiled the number for
recurring profit, the most widely watched gauge for net income.
The 90-day default ratio was 3.7 percent of outstanding loans,
compared with 4.1 percent the prior quarter.